time decay and avx, page-2

wilsons yesterday released a note on avx which was to the same effect as your post. they used option methodology to model the SP from here in. Their current recommendation has dropped from buy to hold. They are becoming increasingly pessimistic about the prospect of a deal being done by year end.

I dont necessarily share that view. In any event I think it extremely unlikely that Dr chick would have made the comments he did a few months back re the "certainty" of a deal before years end unless that was going happen. He's got 3 months. His future in the corporate world depends on it.